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Free SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Practice Questions

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Total Questions : 255

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Question # 11

To which organizational level do you have to assign the valuation area to create material costings?

Options:

A.  

Controlling area

B.  

Company code

C.  

Business area

D.  

Plant

Discussion 0
Question # 12

A customer is missing the values for commitments for internal orders. Where does the customer have to activate Commitment Management to get these values? (Choose two)

Options:

A.  

In the order type.

B.  

In the original order budget.

C.  

In the controlling area.

D.  

In the original order budget.

Discussion 0
Question # 13

Which of the following activities would occur in Phase 2?

There are 2 correct answers to this question.

Response:

Options:

A.  

Finalizing the project scope

B.  

Defining and documenting all business requirements, both functional and technical

C.  

End user training

D.  

Cycle and integration testing

Discussion 0
Question # 14

What can be sender & receiver in distribution?

Please choose the correct answer.

Response:

Options:

A.  

Sender– Cost center, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

B.  

Sender– Cost center, internal order, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

C.  

Sender– Cost center, cost object, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

D.  

Sender– Cost center, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

Discussion 0
Question # 15

Which of the following statement not correct with reference to revaluation?

Please choose the correct answer.

Response:

Options:

A.  

We can increase or decrease planning data on a percentage basis.

B.  

We can revaluate cost and amounts.

C.  

We can revaluate all cost elements used in the primary cost element and revenue planning.

D.  

We can revaluate assessment cost center, imputed cost elements and cost elements used in indirect activity allocation.

Discussion 0
Question # 16

Which postings can be triggered by the settlement of a production order? (Choose three)

Options:

A.  

Variance categories to profit centers.

B.  

Work in Process (WIP) to FI.

C.  

Variance categories to profitability analysis.

D.  

Balance of the production order to FI.

E.  

Work in Process (WIP) to profitability analysis.

Discussion 0
Question # 17

A controlling area has been created for more than one company code. Which of the following statement are not correct?

Please choose the correct answer.

Response:

Options:

A.  

The operating chart of accounts for company codes & controlling area has to be identical.

B.  

The profit centre covers more than one company codes.

C.  

The closing in management accounting is independent of final closing in financial accounting.

D.  

Group costing is required for goods manufactured across the company code.

Discussion 0
Question # 18

Which of the following statement are correct?

i) Direct activity allocation deals with the measurement, posting and allocation of an organizational activity.

ii) We need to create an activity type to directly allocate activity.

iii) More than one cost center can be the sender of an internal activity allocation & the receiver can be any real management accounting object.

iv) During direct activity the sender cost center are debited and the receiving cost object are credited.

Please choose the correct answer.

Response:

Options:

A.  

Only i

B.  

Both i& ii

C.  

Both i& iii

D.  

Both ii & iii

E.  

Both iii & iv

Discussion 0
Question # 19

A customer using account based CO-PA sells material from stock. How is the 'cost of goods sold' transferred and valuated?

Options:

A.  

Material costs are taken from the goods issue posting (valuated with cost component structure).

B.  

Material costs are taken from the goods issue posting (valuated according price control).

C.  

Material costs are taken from the billing document (valuated with cost component structure).

D.  

Material costs are taken from the billing document (valuated according price control).

Discussion 0
Question # 20

Where do you determine the price finding strategy for material costing?

Options:

A.  

Valuation variant

B.  

Price control

C.  

Price determination

D.  

Valuation class

Discussion 0

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